Bernalillo County in New Mexico is made up of several large cities including Albuquerque, Rio Rancho, and Bernalillo itself. This county offers many amenities for residents to enjoy, such as educational opportunities through the University of New Mexico, an array of popular museums and galleries, and various local businesses. Local companies in Bernalillo County include Intel Corporation, Double Eagle Restaurant Group, Sandia National Laboratories, Presbyterian Health Services, and Lovelace Respiratory Research Institute. The cost of living in Bernalillo County is slightly lower than the US average; two bedroom rent averages at $1,140 compared to $1,430 in the US. Grocery costs also tend to be lower with a grocery cost index of 97 compared to 100 nationally.
Bernalillo County has an unemployment rate of 7.3%. The US average is 6.0%.
Bernalillo County has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Bernalillo County
- The Sales Tax Rate for Bernalillo County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bernalillo County is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bernalillo County
- The average income of a Bernalillo County resident is $26,916 a year. The US average is $28,555 a year.
- The Median household income of a Bernalillo County resident is $56,920 a year. The US average is $69,021 a year.